149
149
Dec 6, 2012
12/12
by
KPIX
tv
eye 149
favorite 0
quote 0
. >> the real cost of going over the "fiscal cliff." we break down what californians stand to lose if there is no deal. >> a new discovery impacting how breast cancer is treated. how tweaking the recommendation for a certain drug could save lives. >> and... ♪ [ music ] >> remembering a local legend. out every thethe music and legacy of dave brubeck. ,,,, ?f< administration will reject a budget deal that doesn't ine higher taxes for the wealtht rcent of americans. >>> treasury secretary timothy geithner said the obama administration will reject a budget deal that doesn't include higher taxes for the wealthiest 2% of americans. >> and the "fiscal cliff" deadline is now a day closer and still no deal between the president and republicans. political reporter grace lee is live in the newsroom with what this gridlock could cost californians. grace. >> reporter: well, liz, now we have some very real numbers that's what's at stake if we go over the "fiscal cliff." the daily democrat predicts that our state could lose $4.5 billion and lose abo
. >> the real cost of going over the "fiscal cliff." we break down what californians stand to lose if there is no deal. >> a new discovery impacting how breast cancer is treated. how tweaking the recommendation for a certain drug could save lives. >> and... ♪ [ music ] >> remembering a local legend. out every thethe music and legacy of dave brubeck. ,,,, ?f< administration will reject a budget deal that doesn't ine higher taxes for the wealtht rcent of...
149
149
Dec 4, 2012
12/12
by
KRON
tv
eye 149
favorite 0
quote 0
they're all concerned about the upcoming fiscal cliff. u.s. factory productions-- hope seems to be growing dimmer that we will avoid this. >> watching pandora. the internet radio co. will be giving their quarterly numbers. the airports have been shut down and it is a clerical union strike. this is in its second week and the good news is that it is sending--the strike is costing a billion dollars a day. we're also watching the oil companies. this year to avoid the tax with the fiscal cliff. >> a warning from the centers for disease control this coming flu season could be a particularly bad one. if you have not got a flu shot, you might want to consider it. dr. randy bergen with kaiser in walnut creek says that the strain of the flu is also more polled net this year which is why everyone over the age of 6 months to get a flu shot. especially those most at risk. many people avoid the flu shot out of fear that it will give them the flu. not true says dr. bergen. >> according to the cdc's more than a third of americans have been vaccinated, and the
they're all concerned about the upcoming fiscal cliff. u.s. factory productions-- hope seems to be growing dimmer that we will avoid this. >> watching pandora. the internet radio co. will be giving their quarterly numbers. the airports have been shut down and it is a clerical union strike. this is in its second week and the good news is that it is sending--the strike is costing a billion dollars a day. we're also watching the oil companies. this year to avoid the tax with the fiscal...
243
243
Dec 4, 2012
12/12
by
KRON
tv
eye 243
favorite 0
quote 1
pay gates and the presidio parkway. >> watching wall street the fiscal cliff negotiations may not be going well with the housing market coming in strong. the dallas 45 and we are back over the 13,000 mark. home prices rose in october the most is seen in six years a 6.3% climb in house prices. >> a warning from the centers for disease control. this coming season flu season could be a particularly bad one. it is recommended if you've not got a flu shot you might consider it. dr. randyberge n says this strain of the flu will be a powerful one. everyone over the age of six should get a flu shot. the deal lets say that the flu shot will give them the food that is not true. >> the injected form of the flu vaccine it is just a piece of the virus. it is not possible for a piece of the virus to cause a full- fledged flu. >> a third of americans have been vaccinated and the vaccine that is going around this year is a pretty good match for the strain floating around. >> there are remote control airplanes that could be used for is surveillance. the sheriff's office unveiled its of the public in
pay gates and the presidio parkway. >> watching wall street the fiscal cliff negotiations may not be going well with the housing market coming in strong. the dallas 45 and we are back over the 13,000 mark. home prices rose in october the most is seen in six years a 6.3% climb in house prices. >> a warning from the centers for disease control. this coming season flu season could be a particularly bad one. it is recommended if you've not got a flu shot you might consider it. dr....
296
296
Dec 5, 2012
12/12
by
KRON
tv
eye 296
favorite 0
quote 1
to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, about a 800 billion dollars billion worth of revenues, but he says he will do that by lowering rates. when you look at the math, it doesand he won't agree to eliminate a tax dedication >> "every hospital and university and not for profit agency across the themselves on the verge of realistic option." >> but the president didn't say all this to speaker boehner -- he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president
to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert...
158
158
Dec 5, 2012
12/12
by
KPIX
tv
eye 158
favorite 0
quote 0
. >>> wall street investors are still waiting on a "fiscal cliff" deal. stocks were mostly unchanged yesterday. the dow lost 13 points while the nasdaq was down 5. >>> fedex is offering some employees a voluntary buy-out plan as the package delivery company tries to save nearly $2 billion in the next three years. fedex will offer some employees up to two years pay to leave the company. most of the cuts will come from its express and service units. >>> and starting in 2016 the whole host of disney characters are coming to netflix. the online video rental service landed exclusive rights to stream disney movies before they air on premium cable networks. netflix will also stream some of disney's classic movies. no financial terms of the deal were released. but certainly a big score there for netflix. >> that is a big coup. >> i have a cousin who drinks starbucks every day. now i know what to get her. >> this would make her have a lot of clout there around starbucks, as well. they are introducing a $450 gift card. the starbucks metal car is made of etched stee
. >>> wall street investors are still waiting on a "fiscal cliff" deal. stocks were mostly unchanged yesterday. the dow lost 13 points while the nasdaq was down 5. >>> fedex is offering some employees a voluntary buy-out plan as the package delivery company tries to save nearly $2 billion in the next three years. fedex will offer some employees up to two years pay to leave the company. most of the cuts will come from its express and service units. >>> and...
157
157
Dec 5, 2012
12/12
by
KPIX
tv
eye 157
favorite 0
quote 0
cliff." they could lose funding if there's not a plan to stop automatic cuts. the dow was down 14 closing below 13,000. the nasdaq was down 5.5 points. the s&p 500 lost 2. >>> it's pay back time for a bay area politician accused of using his procurement card like a personal slush fund. santa clara county board president george shirakawa has been ordered to immediately repay nearly $13,000 in charges. that's after a scathing internal audit found he had been billing taxpayers for things like golf fees and rental car upgrades. shirakawa says he will return most of the money but is challenging some of the charges. >>> on the bay area watch san jose police are looking for the owners of 300 marijuana plants found this morning. it started as a robbery call on the east side of town. but when the officers got to this house, they found an elaborate grow operation but nobody living there. the estimated street value of the pot is about $125,000. >>> a house fire in petaluma lit up the night when firefigh
cliff." they could lose funding if there's not a plan to stop automatic cuts. the dow was down 14 closing below 13,000. the nasdaq was down 5.5 points. the s&p 500 lost 2. >>> it's pay back time for a bay area politician accused of using his procurement card like a personal slush fund. santa clara county board president george shirakawa has been ordered to immediately repay nearly $13,000 in charges. that's after a scathing internal audit found he had been billing taxpayers...
128
128
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won. they're trying to eliminate the winner take all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those aff
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are...
137
137
Nov 29, 2012
11/12
by
KRON
tv
eye 137
favorite 0
quote 0
cliff. the president is trying to hammer things down. there was a slight bump in the markets because a was a slight bit of optimistic. >> companies are still doing things trying to prevent a loss. >> gm is the one absolutely nothing. this tells you that we're not all the same page. if everyone is saying what is true that a deal should get done. he is one of the people that people do not know the wall street do know him. >> some companies are paying out dividends early in anticipation that a deal may not be done. >> the famous one as wal- mart but we did see that disney is starting to pour their dividends. this gives us extra for the shareholders. this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her
cliff. the president is trying to hammer things down. there was a slight bump in the markets because a was a slight bit of optimistic. >> companies are still doing things trying to prevent a loss. >> gm is the one absolutely nothing. this tells you that we're not all the same page. if everyone is saying what is true that a deal should get done. he is one of the people that people do not know the wall street do know him. >> some companies are paying out dividends early in...
160
160
Dec 2, 2012
12/12
by
FOXNEWSW
tv
eye 160
favorite 0
quote 0
the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon as the baby is born. they say it's as easy as clicking a mouse. but does it work? new report on rise of chronic respiratory illnesses but how do you know if the lingering cough is something more serious? doctors take your questions on the topic right now. there it is. go to fox news.com/sundayhousecall and join the chat. the doctors will take a lot of the questions on the air later today. we'll be talking bronchitis, asthma, respiratory problems in a moment. like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant
the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon...
220
220
Dec 4, 2012
12/12
by
KTVU
tv
eye 220
favorite 0
quote 0
counteroffer for dealing with the fiscal cliff. we have fewer tax increases than the president wants, allison? >> reporter: pam, house republicans say this is their attempt to counterwhat they call the la la land offer from president barack obama. republicans want 1.2 pill caron dollars in spending -- trillion dollars in spending cuts and that's almost twice as much as what the president has proposed. they are not raising tax rates on the wealthy which the president has demanded. they are also proposing 200 billion in savings for changes by potentially lowering the costs in increasing eligibility standards. that could be a major sticking point for congressional democrats but the president needs more details but he does not like what republicans are offering. look at how house democratic national convention democrats may try to force tax rates from wealthier americans, reporting live allison burns, ktvu channel 2 morning news. >>> they are trying to make homes livable, under the program the city of new york will send contractors at
counteroffer for dealing with the fiscal cliff. we have fewer tax increases than the president wants, allison? >> reporter: pam, house republicans say this is their attempt to counterwhat they call the la la land offer from president barack obama. republicans want 1.2 pill caron dollars in spending -- trillion dollars in spending cuts and that's almost twice as much as what the president has proposed. they are not raising tax rates on the wealthy which the president has demanded. they are...
250
250
Dec 4, 2012
12/12
by
KPIX
tv
eye 250
favorite 0
quote 1
. >> the market is hanging on the "fiscal cliff" talks. market up, nasdaq down, s&p up by 1. and apple shares are down by 1.5%. back to you. >> thank you. >>> >>> smartphones stocking stuffers and tablets under the tree. >> there's probably some kind of gadget on your holiday shopping list this year. and with more on that, cnet editor-at-large brian cooley is live in san francisco with tips to choosing the perfect gift. i was at best buy yesterday and it was sensory overload. you walk in. where do you start? >> reporter: we talked about tablets and things by themselves over the last few months. here i have them all in one place. i have tablets, ereaders and smartphones. let's put them into perspective. a lot of people are mystified where to start. i want to refresh them on the small tablets. the ipad mini 330 bucks, 8." check the size. it depends to be a big handful for some people who are unable to hold it with one hand comfortably. in that case look at a 7" tablet this google nexus 7 is one of those more handable in one hand. it's $200, less than the mini but jason just men
. >> the market is hanging on the "fiscal cliff" talks. market up, nasdaq down, s&p up by 1. and apple shares are down by 1.5%. back to you. >> thank you. >>> >>> smartphones stocking stuffers and tablets under the tree. >> there's probably some kind of gadget on your holiday shopping list this year. and with more on that, cnet editor-at-large brian cooley is live in san francisco with tips to choosing the perfect gift. i was at best buy...
132
132
Dec 4, 2012
12/12
by
KTVU
tv
eye 132
favorite 0
quote 0
also have scan eagle drones. >>> they are turning down the latest with the fiscal cliff crisis. opponents say they will not bulging. >> reporter: house republicans want big spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone including americans and who the president wants to exclude. the white house says the proposal is too short on specifics. >> we can't guess what they are, they need to tell us and they look forward to the time when they are specific with the ways we have dealt with it. >> they don't like what republicans want to do to social security and more on that during my next update. reporting live, allison burns, ktvu channel 2 morning news. >>> 5:14 in florida, they have released a photo of george zimmerman, showing george zimmerman with a swollen nose and blood did i face. they responded and said it adds nothing new
also have scan eagle drones. >>> they are turning down the latest with the fiscal cliff crisis. opponents say they will not bulging. >> reporter: house republicans want big spending cuts but no tax rate increases. here is a picture of president barack obama answering questions on twitter about the fiscal cliff. he is promoting a reference to the estimated tax increase and middle income families would see if rates are not extended, the latest would extend tax cuts for everyone...
148
148
Dec 6, 2012
12/12
by
KTVU
tv
eye 148
favorite 0
quote 0
but investors' biggest concern remains the fiscal cliff. taking a live look at big board -- >>> the number of people seeking unemployment benefits fell sharply last week. according to the u.s. labor department, 370,000 people filed claims. that's down 25,000 from the previous workweek -- week. analysts say the drop is a sign that nearly the effects of superstorm sandy has faded. and this comes as the government releases the closely- watched survey for november. >>> apple will produce one of its existing lines of mcintosh computers next year. tim cook, the ceo, did not say which line or where in the house -- where in the u.s., the computers will be assembled. many are made in china. in the 1980s, they were made in fremont. in 1990, the production moved to elk grove in sacramento county. >>> lawyers for apple and samsung are scheduled to be back in federal court in san jose today. samsung wants the judge to throw out a billion-dollar judgment against it for infridgement and wants the judge to add $5 million of the award and -- apple wants the
but investors' biggest concern remains the fiscal cliff. taking a live look at big board -- >>> the number of people seeking unemployment benefits fell sharply last week. according to the u.s. labor department, 370,000 people filed claims. that's down 25,000 from the previous workweek -- week. analysts say the drop is a sign that nearly the effects of superstorm sandy has faded. and this comes as the government releases the closely- watched survey for november. >>> apple will...
60
60
Dec 6, 2012
12/12
by
FOXNEWS
tv
eye 60
favorite 0
quote 0
cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right now the president is playing a very dangerous game of chicken and this is with your paycheck and the american dream. meanwhile, the republicans have allowed themselves to get caught in a circular firing squad. they're
cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't...
203
203
Dec 6, 2012
12/12
by
KPIX
tv
eye 203
favorite 0
quote 0
cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the deb
cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to...
209
209
Nov 30, 2012
11/12
by
KGO
tv
eye 209
favorite 0
quote 0
so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion in cuts to the pentagon and domestic programs and tax increases automatically go into effect. after the meeting, the finger-pointing came quickly. republicans say democrats aren't bringing to the table a plan that include significant cuts to medicare and entitlement programs. >> revenue was only on the table. if they were serious. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> pre
so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said...
185
185
Dec 4, 2012
12/12
by
KTVU
tv
eye 185
favorite 0
quote 0
cliff. >>> and iran claims to have company charred a u.s. drone. why the u.s. is highly skeptical of this story. d like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >>> mostly cloudy skies. some rain developing to the north. some of that will move in. the bulk of it will be in today and tomorrow. >>> developing news from syria. 29 students and a teacher were just killed in a mortar attack in a school near damascus. syrian immediate yay blames terrorists. the syrian government is often called rebels trying to overthrow the syrian regime terrorists. there's still investigations going on. >>> iran has claimed to have captured a u.s. drone. a radar image shows the image. iran says it captured the d
cliff. >>> and iran claims to have company charred a u.s. drone. why the u.s. is highly skeptical of this story. d like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >>> mostly...
139
139
Nov 29, 2012
11/12
by
KTVU
tv
eye 139
favorite 0
quote 0
. >> the president is sending the treasurey secretary to capitol hill for fiscal cliff talks with congressional leaders. jamie joins us now by skype from washington dc. any progress in clearing the gap? >> reporter: we are trying to figure out that right now. he was just down stairs from me in the capitol a little while ago. his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a new plan that they are bringing up to sort of shop with leaders, you know we -- if we were talking about negotiations today on the fiscal cliff we may think of a big room or everybody is meeting together at once. that's not what is going on. he is meeting first with reid and then with baynor, later with the senate republican leader, and then later today with nancy pelosi. it's individual meetings that are going on today. that leaves a lot of us to wonder how much progress there is. >> and a lot of the republicans seem to be upset that the president is not meeting with them, that he is sending delegates. >> reporter:
. >> the president is sending the treasurey secretary to capitol hill for fiscal cliff talks with congressional leaders. jamie joins us now by skype from washington dc. any progress in clearing the gap? >> reporter: we are trying to figure out that right now. he was just down stairs from me in the capitol a little while ago. his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a...
271
271
Dec 5, 2012
12/12
by
KTVU
tv
eye 271
favorite 0
quote 0
cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they do come together. >> i think this is all kind of a shadow dance that's going on and i'm not sure exactly what's going on in the background. but i think the whole fiscal cliff is wildly exaggerated. >> a pew washington post poll shows more americans think the president and congress will not come to an agreement on how to avoid the fiscal cliff by the end of the year. 49% to 40%. >>> although the nhl season is still on ice, hockey will return to the hp pavilion in san jose. that's because the minor league will play a game december 17th there. they will take on the stockton thunder. the sharks say their season ticketholders can receive complimentary passes. there's still -- complementary passes. >>> 8:19. who is the most overpaid actor in the world? well, "forbes" magazine says it's eddie murphy. they list murphy at the top of the 2012 list of the most overpaid actors. they said his last three movies were flopped
cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they do come together. >> i think this is all kind of a shadow dance that's going on and i'm not sure exactly what's going on in the background. but i think the whole fiscal cliff is wildly exaggerated. >> a pew washington post poll shows more americans think the president and congress will not come to...
263
263
Dec 4, 2012
12/12
by
CNNW
tv
eye 263
favorite 0
quote 0
we'll go off the fiscal cliff, down the fiscal slope. yes i think it will happen because it is the one way republicans can, without violating the pledge, and offending the grand inquisitor grover norquist, it's the one way they can let this happen. >> and, in fact, you know, what could happen, you can imagine a scenario where you go off the cliff on taxes, rates go up for everybody, you then vote to restore the rates for the vast majority of taxpayers, 98%, and further it is even conceivable you negotiate down the top rates in the level under bill clinton a little bit by putting in the pot offsetting deductions for credits which would allow republicans to claim some sort of victory as well. that could be a scenario where you have a consensus on the tax run. >> let's run all of this by representative xavier becerra of california. he's joining us now. nice to see you, sir 367 appreciate your time. what is really the white house dismiss kind of out of hand i mean i don't have the exact number of minutes that they had this republican proposa
we'll go off the fiscal cliff, down the fiscal slope. yes i think it will happen because it is the one way republicans can, without violating the pledge, and offending the grand inquisitor grover norquist, it's the one way they can let this happen. >> and, in fact, you know, what could happen, you can imagine a scenario where you go off the cliff on taxes, rates go up for everybody, you then vote to restore the rates for the vast majority of taxpayers, 98%, and further it is even...
269
269
Dec 3, 2012
12/12
by
KRON
tv
eye 269
favorite 0
quote 0
until june of next year. >> 28 days till the fiscal cliff a combination of automatic tax increases and spending cuts congress. president obama this is a plain political chicken right now. he is proposing that 600 billion in spending cuts and 200 building and is spending to stimulate county the economy. this say that republicans do not have a plan right now so we are in limbo until congress acts. hopefully the two weeks will get together and get through their talks. >> three firefighters were involved in a net accident and weather-related they were on the shoulder of the highway when a car slammed into the side of the fire engine. three firefighters were hurt and the driver of the car that was involved in the original accident on the side of the road was hurt as well from the second car. here are photos of the firefighters and there in the hospital. two of the needed surgery but three of them all three are expected to survive. this 737 and a live look outside and san jose and traffic is moving slowly working its way. there is lots of sunshine. >> san jose has marked its 43rd homicide of
until june of next year. >> 28 days till the fiscal cliff a combination of automatic tax increases and spending cuts congress. president obama this is a plain political chicken right now. he is proposing that 600 billion in spending cuts and 200 building and is spending to stimulate county the economy. this say that republicans do not have a plan right now so we are in limbo until congress acts. hopefully the two weeks will get together and get through their talks. >> three...
209
209
Nov 29, 2012
11/12
by
KNTV
tv
eye 209
favorite 0
quote 0
for an agreement to avoid the fiscal cliff. nbc's tracie potts joins from us washington with those details. tracie, good morning. >> reporter: lynn, good morning. so, it may be no deal today, but perhaps moving forward on these spending cuts and tax increases that are looming at the end of the year. some very specific meetings with a handful of lawmakers who could have a huge impact on your paycheck come january 1st. . treasury secretary tim geithner and white house legislative chief rob neighbors bring the president's deficit-cutting plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a d
for an agreement to avoid the fiscal cliff. nbc's tracie potts joins from us washington with those details. tracie, good morning. >> reporter: lynn, good morning. so, it may be no deal today, but perhaps moving forward on these spending cuts and tax increases that are looming at the end of the year. some very specific meetings with a handful of lawmakers who could have a huge impact on your paycheck come january 1st. . treasury secretary tim geithner and white house legislative chief rob...
324
324
Dec 3, 2012
12/12
by
CNBC
tv
eye 324
favorite 0
quote 1
we need to deal with the fiscal cliff. have a credible down payment on the tax and spending side. bridge to a grand bargain next year. the fiscal cliff is the symptom. structural deficit is the disease. we need to learn from australia, canada, new zealand, sweden. we need to do it next year. >> all right. >> get dr. dave to washington right away so that we avoid what cramer on "meet the press" this weekend had great line. he said on january 8th when the reporting starts, there will be a foot race to fire people if we don't get this cliff taken care of which is why if we're going over the
we need to deal with the fiscal cliff. have a credible down payment on the tax and spending side. bridge to a grand bargain next year. the fiscal cliff is the symptom. structural deficit is the disease. we need to learn from australia, canada, new zealand, sweden. we need to do it next year. >> all right. >> get dr. dave to washington right away so that we avoid what cramer on "meet the press" this weekend had great line. he said on january 8th when the reporting starts,...
179
179
Dec 3, 2012
12/12
by
KTVU
tv
eye 179
favorite 0
quote 0
. >>> there are growing concerns america will be going off that fiscal cliff if a few week. ktvu channel 2 morning news continues. >>> good morning. welcome to a brand new day monday, december 3rd i'm dave clark. >> and i'm pam cook. thank you for joining us. steve paulson is here with the wild weather we had. and then what's in store for us. >> quiet today. there will be one more system coming in tomorrow you two. it's cold out there. a lot of upper 30s and 40s. the weekend system was very mild. that is not the case now. we had a lot of cool air. mostly sunny today. that will not be as strong as anything we saw. any rain forming is not so good. dry monday. patchy fog. we'll have more of that rain coming up. >>> here's a live look at the mccarthur maze. you can see the traffic flowing nicely on the far right hand side. folks heading out to the bay bridge teleplay -- toll plaza. also traffic looking good. let's head back to the desk. >>> we are tracking breaking in is where chp cruiser flipped over during a high speed pursuit that reached speeds of 100 miles an hour. it happe
. >>> there are growing concerns america will be going off that fiscal cliff if a few week. ktvu channel 2 morning news continues. >>> good morning. welcome to a brand new day monday, december 3rd i'm dave clark. >> and i'm pam cook. thank you for joining us. steve paulson is here with the wild weather we had. and then what's in store for us. >> quiet today. there will be one more system coming in tomorrow you two. it's cold out there. a lot of upper 30s and 40s....
201
201
Dec 3, 2012
12/12
by
FOXNEWSW
tv
eye 201
favorite 0
quote 0
if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and focus on hiking taxes. that is the gist of the statement. what do you think of that? >>guest: it does not do it. hiring some people -- higher income people pay a disproportional share of the taxes. and they should. but if you bring the rates back to the rate before president bush it doesnot raise enough to get us to ball. you have to curb the increase in spending on the entitlement programs. if you don't do that, and they are the biggest driver of debt, so, the american people, i think, are ready for us to do something that looks according to conventional politics like a bad idea politically, but, actually, i thin
if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and...
134
134
Dec 6, 2012
12/12
by
CSPAN
tv
eye 134
favorite 0
quote 0
cliff down the road. i hope we will not do that. i still think there is time before the end of the year to make that happen, but again, if it does not happen, unfortunately what that does is throw us into another debt ceiling situation, which is just not good for our country. we would be so much better off starting off on january 1 with this in the rearview mirror. our economy would take off and our country would be so much better off. >> chris, you understand the politics of the house from both sides. can john boehner cut a deal without eric cantor and paul ryan? >> i have a pretty good understanding of the house, but i always am a little afraid of wandering into house republican leadership politics. just to broaden the question a little bit -- i think the question is whether or not the speaker is going to be able to bring a good part of his caucus with him. that or require a united leadership team. >> i am talking short-term -- the next two or three weeks. >> i think that is going to be a requirement. i
cliff down the road. i hope we will not do that. i still think there is time before the end of the year to make that happen, but again, if it does not happen, unfortunately what that does is throw us into another debt ceiling situation, which is just not good for our country. we would be so much better off starting off on january 1 with this in the rearview mirror. our economy would take off and our country would be so much better off. >> chris, you understand the politics of the house...
125
125
Dec 3, 2012
12/12
by
KRON
tv
eye 125
favorite 0
quote 0
looming fiscal cliff. house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing fo
looming fiscal cliff. house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a...
95
95
tv
eye 95
favorite 0
quote 0
cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks to raise money but insist that bush-era tax cuts must be extended for all americans. >> reporter: the standoff and the country's skyrocketing debt concerns ryan shenecki. so much so that he's the guy in the can suit, dancing gangnam style with the cochair of the deficit commission, former sen
cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners....
181
181
Nov 30, 2012
11/12
by
FOXNEWSW
tv
eye 181
favorite 0
quote 0
>> i think this whole fiscal cliff language is designed to maximize a sense of fear that's nonsense. the very same people, the congress and president, who invented the fiscal cliff -- this is all an invention -- could break it down into 12 foothills. there are 15 foothills, or 20 foothills. they could tackle one problem at the time. i agree with what i understand senator jeff sessions has said, and i think he'll be on your show later, this ought to be out in the open. we're rushing toward a secret deal made in secret meetings where nobody will know what's going on, and then people will be told, boy, if you don't vote for this, we'll go over the cliff. well, i think there are a lot worse things than going over a man-made cliff that i think is entirely artificial. i think the reality is the president of the united states has not come forward with any serious spending cuts. what the democrats are proposing is to take the tax increase now and then sometime next year eventually possibly we might have some kind of entitlement reform. that's a bad deal for the american people. >> greta: i d
>> i think this whole fiscal cliff language is designed to maximize a sense of fear that's nonsense. the very same people, the congress and president, who invented the fiscal cliff -- this is all an invention -- could break it down into 12 foothills. there are 15 foothills, or 20 foothills. they could tackle one problem at the time. i agree with what i understand senator jeff sessions has said, and i think he'll be on your show later, this ought to be out in the open. we're rushing toward...
226
226
Nov 30, 2012
11/12
by
KPIX
tv
eye 226
favorite 0
quote 0
on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two starting quarterbacks. and a power lunch between the president and his former republican rival. >> bet that was fun. phil matier and willie brown join us. mr. mayor, you have had your share of photo ops over the years. what happens when the cameras go away and what do you think they had to say to one another? [ laughter ] >> it certainly wasn't pleasant. and it is not publishable and would you probably only hear it at the book of mormon. [ laughter ] >> come on. you got to be sitting there, you're in the white house, one guy won, the other guy, you know, says nice try and you had to put the slam in there, did
on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two...
212
212
Dec 7, 2012
12/12
by
KTVU
tv
eye 212
favorite 0
quote 1
now, economists say these numbers are huge for fiscal cliff negotiations. they back president obama's argument that the economy is doing well enough to handle attack -- handle a tax hike for wealthier americans. >> the fact that this this report is strong, i think puts a little bit of wind in his sails. >> reporter: john boehner is holding a news conference here on capitol hill. he's now lead -- he's now leading the negotiations with president obama. we will show -- we will show you -- tell you what he has to say coming up next hour. >>> starting next year, apple will start making some of its products here in the u.s. apple's ceo tim cook says one of its manufacturing operations will be moved here from china. it's not clear where that assembly plant will be. that announcement comes as criticism is mounting. >>> well, clorox corporation has a deal with a san diego- based investor to sell its headquarters building in downtown san diego. west core properties agreed to buy the 24-story building on broadway. the terms of the deal, that has not been disclosed. bu
now, economists say these numbers are huge for fiscal cliff negotiations. they back president obama's argument that the economy is doing well enough to handle attack -- handle a tax hike for wealthier americans. >> the fact that this this report is strong, i think puts a little bit of wind in his sails. >> reporter: john boehner is holding a news conference here on capitol hill. he's now lead -- he's now leading the negotiations with president obama. we will show -- we will show you...
240
240
Dec 5, 2012
12/12
by
KICU
tv
eye 240
favorite 0
quote 1
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and bookmakers are taking odds. bets are being taken to if name of the expected babies. traditional names of royals such as elizabeth, victoria and williams are still the favorite. >>> a hollywood landmark is getting a make over. the last minute opposition to a bay area sheriff's purchase of an aerial drone. >> it's like the worse nightmare imaginable. it's like this isn't true. >> while in dialysis and (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and...
93
93
tv
eye 93
favorite 0
quote 0
. >>> also stay tuned this country is one step closer to falling off the fiscal cliff this morning. while the major players are still not sitting down to talk, there's some good news believe it or not this morning. here is suzanne mcginnis. >> social security workers marched outside they're office in baltimore wednesday. they're protesting the governments cuts to kick in at the end of the year. sdmrsz -- >> we don't want to see our public hurt. >> just down the road in washington dc the stand off continues. house speaker john boehner said he's still waiting for president obama to make his next counter offer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the
. >>> also stay tuned this country is one step closer to falling off the fiscal cliff this morning. while the major players are still not sitting down to talk, there's some good news believe it or not this morning. here is suzanne mcginnis. >> social security workers marched outside they're office in baltimore wednesday. they're protesting the governments cuts to kick in at the end of the year. sdmrsz -- >> we don't want to see our public hurt. >> just down the road...
180
180
Dec 3, 2012
12/12
by
KTVU
tv
eye 180
favorite 0
quote 0
s&p down 6. >>> there has been a new development in noontime in the fiscal cliff negotiations. the gop is proposing to increase the eligibility age for medicare and to lower the cost of living hikes in social security benefits. this is in response to president obama's suggestion. john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's now has five stores in san francisco. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time news breaks. be sure to join us at 5:00 with more on the storm cleanup.
s&p down 6. >>> there has been a new development in noontime in the fiscal cliff negotiations. the gop is proposing to increase the eligibility age for medicare and to lower the cost of living hikes in social security benefits. this is in response to president obama's suggestion. john boehner says this is a cellible one and hopes the administration will respond in a timely way. >>> a new trader joe's grocery store is located on california and it's now open. trader joe's...
171
171
Nov 29, 2012
11/12
by
KPIX
tv
eye 171
favorite 0
quote 0
the improvingometer mitchell on the "fiscal cliff" gave wall street a boost, as well. the dow added 106 points after being down triple digits earlier in the day. while the nasdaq was up 23. >> could the dollar bill be going out of style? a congressional panel is once again calling for the u.s. to stop printing singles and switch entire to dollar coins. the nonpartisan panel believes the switch could save taxpayers money. it is more expensive to produce the coins but they last about 6 types longer than the paper bills. i don't know. it's going to make my bag heavier for sure. >> that's what i was thinking. my purse is already heavy. >> got four bucks? let me see it here. >> ashley, from time to time frank will go and make a starbucks run for us but i don't think he is going to do that anymore. >> not at this price. >> reporter: no. it's not going to get you this one. that's right. starbucks is selling a new brew that will set you back $7 for a grande sized cup. that would be a big cup. the coffee is made from a rare costa rica bean. if you want to brew one at home a hal
the improvingometer mitchell on the "fiscal cliff" gave wall street a boost, as well. the dow added 106 points after being down triple digits earlier in the day. while the nasdaq was up 23. >> could the dollar bill be going out of style? a congressional panel is once again calling for the u.s. to stop printing singles and switch entire to dollar coins. the nonpartisan panel believes the switch could save taxpayers money. it is more expensive to produce the coins but they last...
161
161
Dec 6, 2012
12/12
by
KPIX
tv
eye 161
favorite 0
quote 0
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $40,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it wa
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $40,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the...
179
179
Dec 3, 2012
12/12
by
KPIX
tv
eye 179
favorite 0
quote 0
cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be serious. >> reporter: president obama wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the
cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury...
775
775
Dec 5, 2012
12/12
by
KTVU
tv
eye 775
favorite 0
quote 1
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and bookmakers are taking odds. bets are being taken to if name of the expected babies. traditional names of royals such as elizabeth, victoria and williams are still the favorite. >>> a hollywood landmark is getting a make over. the last minute opposition to a bay area sheriff's purchase of an aerial drone. >> it's like the worse nightmare imaginable. it's like this isn't true. >> while in dialysis and battling cancer someone stole his beloved dog. the unlikely scenario that brought the two back together. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken nood
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and...
172
172
tv
eye 172
favorite 0
quote 0
fiscal cliff worries still weighing down the market. adam: deal or no deal, the federal government will still be flowing through trillions of dollars we do not have. it is all about spending. next. ♪ adam: today's jobs report beating estimates, 146,000 jobs created in november and the unemployment rate dropping to the lowest rate since december 2008 at 7.7%. nicole petallides on the floor of the new york stock exchange. welcome back, nicole. what's going on? >> thanks, adam and melissa. we're looking at a market holding onto some gains so that is obviously a positive sign. december is traditionally the a great month on wall street. the best month since back to 1950, s&p 500 best performing month, up 1.7%. here is as we see the divergence here's what we're seeing lately as there is so much concern about the fiscal cliff. the nasdaq is down about half a percent. the dow down half a percent. s&p also gaining. dow jones industrials up 59 points. some names leading the you way include caterpillar and jpmorgan. pulling other the way way, mi
fiscal cliff worries still weighing down the market. adam: deal or no deal, the federal government will still be flowing through trillions of dollars we do not have. it is all about spending. next. ♪ adam: today's jobs report beating estimates, 146,000 jobs created in november and the unemployment rate dropping to the lowest rate since december 2008 at 7.7%. nicole petallides on the floor of the new york stock exchange. welcome back, nicole. what's going on? >> thanks, adam and melissa....
77
77
tv
eye 77
favorite 0
quote 0
. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks to raise money. but insist that bush-era tax cuts must be extended for all americans. >> reporter: the standoff and the country's skyrocketing debt, concerns ryan shenecki. ♪ [ music ] ♪ so much so, that he's the guy in the can suit, dancing gang thisnam style with the cochair, former se
. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if...
143
143
Dec 4, 2012
12/12
by
KRON
tv
eye 143
favorite 0
quote 0
the prospect seems to grow dimmer that we will avoid the fiscal cliff at the end of the year. watching oakland based pandora the internet music company will release their quarterly results to date. also watching the port of los angeles strike. pork are shut down in l.a. and long beach. the loan choreman are not crossing the picket line. it is in its second week in six days. this strike down in southern california is costing the local economy $1 billion. a day. >> thank you mark. 5:09 a.m. is a time. california's push to go green could cost state power customers. the reporter little hoover commission shows that energy companies are well on their way to meeting their goals to obtain a third of their electricity from renewable sources such as wind and solar by 2020. but it also found california has adopted several policy and this is, of being implemented simultaneously, without a full accounting of the consequences. the report concludes californians may wind up paying more than necessary for electricity and the state may unnecessarily the great pristine habitat in its rush to imp
the prospect seems to grow dimmer that we will avoid the fiscal cliff at the end of the year. watching oakland based pandora the internet music company will release their quarterly results to date. also watching the port of los angeles strike. pork are shut down in l.a. and long beach. the loan choreman are not crossing the picket line. it is in its second week in six days. this strike down in southern california is costing the local economy $1 billion. a day. >> thank you mark. 5:09 a.m....
301
301
Nov 30, 2012
11/12
by
KPIX
tv
eye 301
favorite 0
quote 0
cliff. >> one of those people who say let the fiscal cliff happen. >> i can't imagine when it gets down to it that rational people would let it happen. >> one lucky ticket holder may have been captured on tape at the very moment that he realized he hit jackpot. >> he was ecstatic. everybody was checking the see he wasn't seeing things. he wasn't seeing things. it was the right number. >> many people up and down the west coast are keeping a close eye on the triple threat of storms. >> friday is going to be bad. sunday is going to be even worse. >> they don't call them new york's finest for nothing. an officer is famous for buying boots for a homeless man. >> he said, okay, officer, i never had a pair of shoes. >> i know so many cops who have done things like this and it's just not captured. it's nice to see a story like this get out. >> mitt romney has lunch with president obama. it was an awkward moment when the bill came and he only offered to pay 47%. >>> i'm charlie rose with norah o'donnell. gayle king is off. lottery officials in missouri today are going to introduce the holders of
cliff. >> one of those people who say let the fiscal cliff happen. >> i can't imagine when it gets down to it that rational people would let it happen. >> one lucky ticket holder may have been captured on tape at the very moment that he realized he hit jackpot. >> he was ecstatic. everybody was checking the see he wasn't seeing things. he wasn't seeing things. it was the right number. >> many people up and down the west coast are keeping a close eye on the triple...
301
301
Dec 7, 2012
12/12
by
CNNW
tv
eye 301
favorite 0
quote 0
towards the fiscal cliff. once considered untouchable third rail, changes to social security and other so-called entitlements are now being seriously discussed. >> we really have not gun to talk about real entitlement reforms. the only way you have true avoidance where you have solution is to mix an appropriate amount of revenues with true entitlement reform. and until the debate moves to that point, there's no serious debate taking place. >> house republicans offered a framework that includes raising the medicare eligibility age from 65 to 67 squeezing out savings from social security by changing the way inflation is calculated, and possible means testing that could disqualify wealthier, older americans from the medicare program. lawmakers insist any changes will be done gradually and will not impact current retirees, but that's not soothing the fears of seniors who say inflation adjustments will have an immediate impact. >> to tell somebody living on social security, and we have something in the order of one
towards the fiscal cliff. once considered untouchable third rail, changes to social security and other so-called entitlements are now being seriously discussed. >> we really have not gun to talk about real entitlement reforms. the only way you have true avoidance where you have solution is to mix an appropriate amount of revenues with true entitlement reform. and until the debate moves to that point, there's no serious debate taking place. >> house republicans offered a framework...
106
106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
cliff expire, go down the fiscal cliff for tax rates, and adjust the taxes for the 98% through the rebate process. and this could be available for anyone, any president. let the bush tax rates apply as a ceiling, and then apply the rebate process to control the 98%. host: why do you propose that? what is the advantage in your view? caller: because the executive branch, the president, whoever it is, would have the ability to adjust the tax effectively for anyone who falls below the clintons' ceiling, and they could do this anytime. there would not have to go back to congress. -- they would not have to go back to congress. guest: it is true that technically the administration can do some things without even the congress's approval, but it would not be a lasting solution. let's say you could freeze the amount of withholding that you pay three paycheck at the level it was this year, for the 98%, and increase withholdings for everyone else as the law would dictate if you read over the cliff. -- went over the cliff. but the 98%, if they did not actually pass a law to extend the tax cuts for tha
cliff expire, go down the fiscal cliff for tax rates, and adjust the taxes for the 98% through the rebate process. and this could be available for anyone, any president. let the bush tax rates apply as a ceiling, and then apply the rebate process to control the 98%. host: why do you propose that? what is the advantage in your view? caller: because the executive branch, the president, whoever it is, would have the ability to adjust the tax effectively for anyone who falls below the clintons'...
231
231
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 231
favorite 0
quote 0
cliff rather than sitting down and negotiating with republicans at the table. make no mistake. this is far from some obscure conspiracy theory. this is becoming the frightening political reality for the entire country. what you're seeing is a man who thinks he has free rein. you're watching someone who thinks he was reelected with a mandate to do whatever he pleases. he's ignoring the fact that the republican majority remains in the house of representatives, a majority sent there to cult spending and impose his tax hikes. all of this has a growing number of lawmakers now openly suggesting that the country may see -- the president may secretly want the country to fall off the fiscal cliff. earlier today our hannity cameras caught up with a senator from wisconsin on capitol hill. >> it's increasingly clear to me that the president is very willing to go over the cliff. i think he ought to be spending more time listening and less time lecturing. the president seems to be just fixated on increasing tax rates even though they may hurt the economy and i'm concerned if
cliff rather than sitting down and negotiating with republicans at the table. make no mistake. this is far from some obscure conspiracy theory. this is becoming the frightening political reality for the entire country. what you're seeing is a man who thinks he has free rein. you're watching someone who thinks he was reelected with a mandate to do whatever he pleases. he's ignoring the fact that the republican majority remains in the house of representatives, a majority sent there to cult...
263
263
Nov 30, 2012
11/12
by
CNBC
tv
eye 263
favorite 0
quote 0
i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they were wrong last time. they'll be wrong again. i'm going to bet them a bottle of jack daniels that will be the case. in fact i'll bet them a case of jack daniels that will be the case. if they're close, as we told you we like asina. and i would be willing to be a buyer of that niche retailer ahead of this quarter because of some merger gains i think we'll hear about. but again only on news of setbacks to the fiscal cliff talks. we're not going to go in and buy anything these days. you'll get some representative congressman, senator come on say you stupid idiot. you bought stock and i'm talking on a microphone. i'm sending the stock market down because there's no pr
i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they were wrong last time. they'll be wrong again. i'm going to bet them a bottle of jack daniels...